1114 BraggSpring Lake, NC 28390

  • Turn key restaurants
  • 1,200 SF
Off market
$2,404,420 Estimated

Property Details for 1114 Bragg

Year built
1976
Lot size
0.24 AC
Property size (Sq ft)
1,200 SF
Zone code
C3
Property type
Turn key restaurants
APN
0502-50-6664
APU
502506664

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $354,180
    6.5%
    $326,936
    7%
    $303,583
  • Comparable approach

    Method
    Valuation
    Relative Method
    $303,211
    Geo Method
    $286,466
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $643,380
    Mixed-Use / Specialty
    $323,417
    Hospitality / Lodging
    $234,217
    Office
    $319,045
    Institutional / Educational
    $335,383
    Residential Income
    $392,398
    Multifamily
    $483,665
    Automotive / Energy
    $287,471
    Parking / Income-Based Land
    $101,527
    Restaurant / Food Service
    $163,190
    Healthcare / Senior Housing
    $334,071

Location Insight

City
Spring Lake
County
Cumberland
State
North Carolina
Latitude
35.1806
Longitude
-78.981
CBSA code
22180
CBSA name
FAYETTEVILLE, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2019
$2,194
$67,954
$63,401
$131,355
-
$67,954
$63,401
$131,355

FAQs

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